taxes Property Tax Assistance

2016 ISD Summary Worksheet

184/Parker

184-903/Weatherford ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,225,389,037 N/A 2,225,389,037 2,225,389,037
B. Multi-Family Residences 140,841,540 N/A 140,841,540 140,841,540
C1. Vacant Lots 84,976,629 N/A 84,976,629 84,976,629
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,979,982 N/A 9,979,982 9,979,982
D2. Real Prop Farm & Ranch 700,740 N/A 700,740 700,740
E. Real Prop NonQual Acres 398,038,500 N/A 398,038,500 398,038,500
F1. Commercial Real 745,056,890 N/A 745,056,890 745,056,890
F2. Industrial Real 54,033,750 N/A 54,033,750 54,033,750
G. Oil, Gas, Minerals 65,471,270 N/A 65,471,270 65,471,270
J. Utilities 161,371,520 N/A 161,371,520 161,371,520
L1. Commercial Personal 197,336,900 N/A 197,336,900 197,336,900
L2. Industrial Personal 140,648,450 N/A 140,648,450 140,648,450
M. Other Personal 11,448,530 N/A 11,448,530 11,448,530
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 6,635,140 N/A 6,635,140 6,635,140
S. Special Inventory 48,005,640 N/A 48,005,640 48,005,640
Subtotal 4,289,934,518 4,289,934,518 4,289,934,518
Less Total Deductions 560,256,343   560,256,343 560,256,343
Total Taxable Value 3,729,678,175 3,729,678,175 3,729,678,175 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
3,841,345,514 3,729,678,175 3,841,345,514 3,729,678,175


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
111,667,339 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
3,841,345,514 3,729,678,175 3,841,345,514 3,729,678,175

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified